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Sector Analysis
NewAutomotive Transmission and Clutch Technologies Market Trends, Sector Overview and Forecast to 2028
Automotive Transmission and Clutch Technologies Market Overview The transmission and clutch technologies market size was 175.8 million units in 2023. The market will grow at a CAGR of more than 2% during 2023-2028. The market growth is primarily attributed to the stringent fuel efficiency and emission regulations worldwide that are prompting manufacturers to focus on fuel-efficient transmission systems. In 2023, Asia-Pacific accounted for a significant share of the automotive transmission and clutch technologies market. Automotive Transmission and Clutch Technologies Market...
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Sector Analysis
NewAutomotive Tyres and Wheels Market Trends, Sector Overview and Forecast to 2028
Automotive Tyres and Wheels Market Report Overview The tyres and wheels market size was 942.7 million units in 2023. The market will grow at a CAGR of more than 1% during 2023-2028. The rising number of EV adoption is driving the demand for specialized tyres while the increasing income of the middle class is significantly boosting passenger car sales. In 2023, Asia-Pacific accounted for a significant share of the automotive tyres and wheels market. Automotive Tyres and Wheels Market Outlook,...
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Sector Analysis
NewAutomotive Ignition Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Ignitions Market Report Overview The automotive ignitions market size was 804.2 million units in 2023. The market will register a negative CAGR of more than 2% during 2023-2028. Stringent fuel economy and emissions regulations compel manufacturers to continuously improve the efficiency of ignition systems, thereby driving the market in the coming years. In 2023, Asia-Pacific accounted for a significant share of the market. Automotive Ignitions Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights into the...
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Sector Analysis
NewAutomotive Vision Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Vision Systems Market Report Overview The automotive vision systems market size was estimated at 709.3 million units in 2023. The market will grow at a CAGR of more than 1% during 2023-2028. Increased consumer awareness regarding road safety and a desire for advanced features are driving the growth of vision system technologies. The Asia-Pacific region had a significant share in the automotive vision systems market. Automotive Vision Systems Market Outlook 2023-2028 (Million Units) Buy the Full Report for Additional...
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Sector Analysis
NewAutomotive Vehicle Access, Anti-theft and Security Market Trends, Sector Overview and Forecast to 2028
Automotive Vehicle Access, Anti-Theft, and Security Market Report Overview The vehicle access, anti-theft, and security market is estimated at 111.5 million units in 2023 and is expected to record a CAGR of more than 4% during 2023-2028. The Asia-Pacific region had a significant share of the automotive vehicles market. Automotive Vehicle Access, Anti-Theft and Security Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights into the Automotive Vehicle Access, Anti-Theft and Security Market, Download A Free Report...
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Sector Analysis
NewAutomotive Suspension Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Suspension Systems Market Report Overview The automotive suspension systems market size was 364.1 million units in 2023. The market will grow at a CAGR of more than 1% during 2023-2028. The introduction of strict safety regulations and an increase in the use of electronic components in vehicles has made the suspension system market extremely competitive. Vendors put a lot of effort into creating lightweight and ride-improving technologies, which helps the market expand. In 2023, Asia-Pacific accounted for a significant...
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Sector Analysis
NewAutomotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
Automotive Electric Motors Market Report Overview The automotive electric motors market size was 958.3 million units in 2023. The market will grow at a CAGR of more than 15% during 2023-2028. The anticipated surge in electric vehicles in the future will lead to a corresponding increase in demand for electric motors. Â In 2023, Asia-Pacific accounted for a significant share of the electric motors market. Automotive Electric Motors Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on...
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Sector Analysis
NewAutomotive Connected Vehicle Technologies Market Trends, Sector Overview and Forecast to 2028
Automotive Connected Vehicle Technologies Market Overview The connected technologies market size was 48.2 million units in 2023. The market will grow at a CAGR of more than 5% during 2023-2028. Advanced diagnostic systems will promote connected car technology market growth. With modern diagnostics, the car's system will provide information about the vehicle to the auto shop and the customers. This will help them identify future problems with the car before they arise and enable customers to take charge of their...
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Sector Analysis
NewAutomotive Advanced xEV Batteries Market Trends, Sector Overview and Forecast to 2028
Automotive Advanced xEV Batteries Market Report Overview The advanced xEV batteries market size was 26.8 million units in 2023. The market will grow at a CAGR of more than 14% during 2023-2028. There was a fluctuation in demand for essential materials owing to the surge In recent years, there has been a significant increase in the adoption of electric vehicles (EVs) and Hybrid Electric Vehicles (HEVs) across the world. Moreover, governments worldwide are incentivizing automakers and consumers to shift towards...
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Sector Analysis
NewAutomotive Exhaust Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Exhaust Systems Market Report Overview The exhaust systems market size was 88.9 million units in 2023. The market declined over the historical period, primarily owing to the prolonged impact of COVID-19. Although the market is in a recovery phase it will post at a negative CAGR of more than 2% during 2023-2028. Innovations in exhaust system technology, such as exhaust after-treatment systems, automotive catalysts, and exhaust gas recirculation (EGR) systems, will increase demand for automotive exhaust systems, thereby driving...